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CCI

Over the past 20 years, Crown Castle (NYSE:CCI) has delivered an average annual return of 11.25%, outperforming the market by 3.47% annually. With a current market capitalization of $47.73 billion, an initial investment of $1000 in CCI 20 years ago would now be worth $8,305.37.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 7:01 pm

FMC

11 analysts have recently reviewed FMC Corporation (NYSE:FMC), showing mixed sentiments with a shift towards a more cautious outlook over the last three months. The average 12-month price target for FMC has been adjusted to $63.36 from $68.11, indicating a 6.97% decrease. Analysts from firms including Loop Capital, RBC Capital, and BMO Capital have adjusted their ratings and price targets, reflecting concerns over FMC's market position, revenue decline of -29.34%, and high debt-to-equity ratio despite strong net margin and ROE.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 7:00 pm

PK

Five analysts have recently updated their ratings on Park Hotels & Resorts (NYSE:PK), showing a positive shift in sentiment with an average 12-month price target of $18.00, up 23.29% from the previous $14.60. The updates include raised price targets and improved ratings, reflecting optimism about the company's market position and financial health. Despite a -3.24% decline in revenue growth as of December 31, 2023, Park Hotels & Resorts demonstrates strong profitability with a net margin of 28.46% and effective debt management.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 7:00 pm

DRD

EXK

GFI

MUX

Shares of precious metals stocks, including DRD, EXK, GFI, and MUX, are trading lower despite a rise in gold and silver prices.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 7:00 pm

CC

BMO Capital Markets analyst John P. McNulty downgraded The Chemours Company (NYSE:CC) to Underperform from Outperform with a new price target of $19, down from $45, citing management changes, delays in filing its 10-K, and financial struggles. Despite these challenges, McNulty notes early signs of recovery in core businesses but finds it high risk to make numeric earnings assumptions currently. Chemours expects FY23 net sales of about $6.0 billion, down from $6.8 billion the previous year.

Portfolio Pulse from Lekha Gupta

March 01, 2024 | 6:54 pm

DG

DLTR

SVV

Ahead of their quarterly reports, Piper Sandler analyst Peter J. Keith provided insights on Dollar General and Dollar Tree, noting a solid improvement in Dollar General's foot traffic and a slight downtick for Dollar Tree. Keith reiterated an Overweight rating on Dollar Tree with a $171 price target and expects a Q4 EPS of $2.72. For Dollar General, he has a Neutral rating with a $127 price target and anticipates a Q4 EPS of $1.66. Savers Value Village is also mentioned with an upcoming report and an Overweight rating at a $24 forecast.

Portfolio Pulse from Nabaparna Bhattacharya

March 01, 2024 | 6:51 pm

RCAR

This week's financial crime news includes a trial of Jian Wen for laundering billions in Bitcoin, Janet Yamanaka Mello's guilty plea for defrauding the U.S. Army of $108 million, and a final judgment against RenovaCare Inc. (OTC:RCAR) for a pump and dump scheme involving the 'SkinGun'. Jian is accused of laundering for a fraudulent scheme in China, Mello used a charity as a front for her fraud, and RenovaCare's executives were charged with securities fraud.

Portfolio Pulse from Neil Dennis

March 01, 2024 | 6:35 pm

CB

Over the past 20 years, Chubb (NYSE:CB) has delivered an average annual return of 10.15%, outperforming the market by 2.37% annually. With a current market capitalization of $102.12 billion, an initial investment of $100 in CB stock would now be worth $680.34.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 6:31 pm

AAPL

GLD

NYCB

SOXX

The S&P 500 and Nasdaq 100 hit record highs, driven by tech stock surges and semiconductor demand. Despite a contraction in the ISM Manufacturing PMI, expectations for Federal Reserve rate cuts remain. The iShares Semiconductor ETF (SOXX) saw significant gains, while Apple (AAPL) was removed from Goldman Sachs' conviction list. New York Community Bancorp (NYCB) shares plummeted due to internal control issues. The SPDR Gold Trust (GLD) is set for record highs. Major ETFs like SPY, DIA, and QQQ also saw gains, with the Technology Select Sector SPDR Fund (XLK) outperforming.

Portfolio Pulse from Piero Cingari

March 01, 2024 | 6:30 pm